Luxembourg Financial News

The World Happiness Report 2024, a partnership of Gallup, the Oxford Wellbeing Research Centre, the UN Sustainable Development Solutions Network, and WHR’s Editorial Board, is out. Mint evaluates its metrics to explain why it may not be the final word on happiness. India is ranked 126 out of 143 nations surveyed.

Eurobank is looking to establish a presence in India and is in the process of consulting with advisors and the Reserve Bank of India to open a representative office in Mumbai, said people close to the bank. With 80.5 billion euros of assets and 540 branches across Greece, Cyprus, Bulgaria, Luxembourg and UK, the bank, which has a robust corporate client-focused business in these countries, aims to serve the needs of Indian businessmen looking for a commercial presence in Europe. “Trade relations between Europe and India are on the cusp of taking off. We aim for Eurobank to become a key facilitator and the banking partner of choice for Indian businesses considering establishing a local hub in Greece or Cyprus to gain a footing in the EU market,” said Fokion Karavias, chief executive officer, Eurobank.

By Foo Yun Chee

By Foo Yun Chee

Cannabis stocks have been on a rollercoaster ride, going from a big boom in late 2019 to a crash in the following years.

BNP Paribas Easy Sustainable EUR Corporate Bond is an Article 9 fund with a «100% sustainable universe» and is benchmarked against the Bloomberg Euro Aggregate Corporate index, an investment grade bond index with an average duration of 4.4 years.  The second fund, BNP Paribas Easy Sustainable EUR Government Bond, is an Article 8 ETF targeting 30% sustainable investment. The benchmark index for the fund is JP Morgan EMU Investment Grade, also an investment grade bond index, but with an average duration of 7.1 years. Both funds are sub-funds of the BNP Paribas Easy Luxembourg SICAV and ...

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Targeting USD-denominated sovereigns, the Luxembourg-domiciled fund was seeded with a $50m initial investment.

An inital $35 million target was exceeded with Azimut Holding, a global asset management group and existing client, as the lead investor.The round pushes Sygnum's valuation up to $900 million, a $100 million uplift from its $90 million Series B in october 2022.Since then, Sygnum's assets under administration have grown to over $4 billion, with a client base of over 1,700 from more than 60 countries. Alongside the increase in valuation, the group continued to grow its global team through the 'crypto winter', now nearing 250 employees.

₹108 crore. “We are not interested in ₹108 crore immediately being protected," the ASG emphasized in the Supreme Court. “The judgment has to be ‘stay’ here (sic.) because this will replicate." Offshore funds often route their India investments through jurisdictions like Singapore, Mauritius and Luxembourg.

Impax CEO Ian Simm (pictured) said the acquisition is 'an important step' in the 'continued enhancement' of the firm's fixed income offering.

antitrust chief Margrethe Vestager will meet the chief executives of Apple, Alphabet, Broadcom and Nvidia in the United States next week, her communications advise said on Friday. The meetings come a month after Vestager resumed her job following her failed bid to head the Luxembourg-based European Investment Bank, with antitrust experts expecting her to show a tougher line towards companies in both merger and competition investigations.

PTI. Bharadwaj said the national capital's COVID positivity rate is around 1 percent, adding genome sequencing of samples testing positive for COVID-19 has been ramped up. "The report of genome sequencing is awaited," Bharadwaj added.

Karnataka government plans to procure 30,000 precautionary doses of Covid 19 vaccine for senior citizens and immunocompromised people in light of the rise in cases across the state, the newly created cabinet sub-committee announced on Tuesday. Karnataka will also have a daily testing target of 5000, making it the second highest testing state after Kerala, the committee added. While there are no restrictions on New Year celebrations and gatherings, there is a general advisory to wear masks at crowded places and observe Covid appropriate behaviour.

Delhi Health Minister Saurabh Bharadwaj on Tuesday said the national capital's Covid positivity rate is around 1 per cent and stressed that people should, instead of panicking, follow precautions during the winter festival season. Genome sequencing of samples testing positive for COVID-19 has been ramped up, he said. «The report of genome sequencing is awaited,» Bharadwaj added.

Covid sub-variant JN.1, the Maharashtra government has ordered health officials to ensure the availability of ventilators, oxygen cylinders and other necessary equipment at government hospitals. In a meeting at Latur on Saturday, Maharashtra minister Sanjay Bansode said that the health department must take precautionary measures and ensure the availability of necessary equipment and medicines at all government-run facilities. Also Read: Covid-19 JN.1 Variant News Live Updates “The administration should ensure that necessary equipment and medicines are available at tehsil health centres.

Covid variant, Maharashtra Minister Sanjay Bansode instructed health officials to ensure the availability of ventilators, oxygen cylinders and other necessary equipment at government hospitals. In a meeting in Latur on Saturday, the minister said the health department must take precautionary measures and ensure the availability of necessary equipment and medicines at all government-run facilities. Collector Varsha Thakur-Ghuge, chief executive officer Anmol Sagar, superintendent of police Somay Munde, municipal commissioner Babasaheb Manohare and other senior officials attended the meeting.

Spain’s Central Bank says the number of licensed crypto-related firms in the country grew by 50% in 2023.

SARS-CoV-2 coronavirus responsible for the COVID-19 pandemic, undergo frequent mutations. While many genetic alterations are inconsequential, some can enhance the virus's ability to infect cells or evade antibodies. The count of variants is dynamic, and as of 2023, the World Health Organization (WHO) recognized nine variants in circulation.

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satcom, a new way to access the internet as opposed to the traditional telecom networks. The differences over how companies get spectrum has divided the industry. Many want the government to allocate spectrum while others want it to auction it.